JVC (http://www.jvc.com) has announced the Adixxion, a new “action camera” that’s pocket-sized and weighs barely a quarter pound. It will be available in late summer for $349.95.

The camcorder is waterproof to a depth of five meters (16.4 feet), shockproof to withstand a fall from two meters (6.5 feet), dustproof and freeze-proof, all without the need for a separate housing. In addition, Adixxion includes built-in Wi-Fi, 1.5-inch LCD monitor, image stabilizer and offers full HD 1920×1080/30p and 1280×720/60p recording.

The Adixxion comes with two mounts — a goggle mount and a flexible mount suitable for a wide range of applications, including use on a helmet or surfboard. A range of optional accessories are available, including specialized mounts.

In addition to its water/shock/dust/freeze-proof design — what JVC dubs “Quad Proof” — Adixxion features a 1.5-inch LCD monitor built into the side of the camera so you can check footage in the field without the extra weight and bulk of an external monitor. The camera body features a scratch-resistant rubber texture, and there are two standard tripod sockets for mounting in a variety of locations. It weighs a mere 0.28 lbs. (126 grams).